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The impact of digital inclusive finance on sustainable economic growth in China

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  • Sun, Yang
  • Tang, Xinwei

Abstract

In this paper, we empirically analyze the impact of digital inclusive finance on sustainable economic growth in China. We find that digital inclusive finance contributes to sustainable economic growth. Further research shows that digital inclusive finance contributes to sustainable economic growth by increasing loans from financial institutions, residents’ savings quantity, and residents’ consumption quantity. At the same time, we find that the breadth of digital inclusive finance coverage is most effective in promoting sustainable economic growth at this stage.

Suggested Citation

  • Sun, Yang & Tang, Xinwei, 2022. "The impact of digital inclusive finance on sustainable economic growth in China," Finance Research Letters, Elsevier, vol. 50(C).
    • Handle: RePEc:eee:finlet:v:50:y:2022:i:c:s1544612322004342
    DOI: 10.1016/j.frl.2022.103234
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    More about this item

    Keywords

    Digital inclusive finance; Sustainable economic; Green innovation; Green consumption; Resource;
    All these keywords.

    JEL classification:

    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

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